Word of the Day – October 6, 2024
plan sponsor
Acronyms
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Preferred Term
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Non-standard Terms
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Definitions
Type | Definition | Sources |
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Title | A designated party, usually a company or employer, that sets up a healthcare or retirement plan such as a 401(k) for the benefit of the organization's employees. The responsibilities of the plan sponsor include determining membership parameters, investment choices and, in some cases, providing contribution payments in the form of cash and/or stock. (used 74 times in citations and controls) |
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Other Forms
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Relationships
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Citations
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